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Ltcusdlong

LTC.USDT (Y20.P4.E1).Looking to go longHi All, With the Paypal announcement, LTC got a media boost (my opinion) along with BTC, ETH and BCH, as I can recollect. If you pay attention to LTC recent history, it was doing average but with this, as in the past, LTC supporters (like XRP or LINK) will jump in, that's the perception I get. For me, don't care. Go with the Chart until your stopped out. As for the chart, I have a few trend lines that make sense, as resistance and support. Below I have the macro structure and until it breaks the upper trend line (in red), there will be that grey cloud over LTC. The macro chart has the inverted BARR structure and its likely to break this sometime soon in the coming weeks. This is when you should go long long on LTC. BTC had a similar scenario, back in April. For the short term, I'm bullish and we can the levels of resistances above. Defi coins will get their turn however they are yet to bottom out. Bearish scenario, if the rejection pushes the price to $50 or lower, it will take some time for LTC to gain momentum. Just play it smart and have your stop losses tight. What are your thoughts as BTC dominance has some more room to the upside. Please give me a like or tick for this post. Cheers, S.SAri MACRO overview:
Long
by ssari
Updates: Litecoin broke up the ascendent triangle!!!Ok, as Litecoin continue up, the price at the moment is $48 USD. So, in H4 Litecoin validated the support line that form this bullish channel and we see a Litecoin that is leading to the $51 USD, that is my target. And we see that we're bullish in Litecoin in H4 timeframe. so, I put my break even in my entry price that was $46.80 USD, so, my risk/benefit is 0, that mean that I do not loss or earn, So, my position and my own money is protected by break even. And then, we hope that Litecoin is did a retest on the $47.80 USD to then continue to bullish toward the $51 USD. Good luck on this position
COINBASE:LTCUSDLong
by harisonhbn9718
Long Position: Litecoin in the good bought zone!!!In this analysis, we see in H4 that Litecoin show a bulls resistance above of $46 USD. So, I put a buy order limit at $46.80 USD, my SL at $44.30 USD and my own target profit will be the $51 USD. In Daily timeframe, Litecoin is in this bullish channel, but the expectative is so bearish as Bitcoin do. So, more later I will going to make an overview on Litecoin on Daily and weekly timeframe to be prepared which is the next movement on Litecoin huge!!! Good luck on this position!!! Message: I choose the broker called Phemex and I yet stuyding this crypto-broker because I want to accumulate more altcoins for my crypto-portfolio that soon will be reveled here to show what cryptocurrency I'm intereresting to accumulate. At the moment, I use Prime XBT that I can to trade Bitcoin, Ethereum and Litecoi nas my favortive crypto. But more later, I will going to trade Dash, Cardano, Ripple, Chainlink, Tezos and more cryptos to earn in the next bull rally!!! And also, to become a crypto-trader!!!
COINBASE:LTCUSDLong
by harisonhbn9718
1
LITECOIN-Battle between active and shadow area🎉 Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas LTCUSD Is trading within a triangle pattern and its about to break the triangle pattern in coming days as in recent days most of the crypto currencies are trading within a confined range. LTCUSD is currently trading above the.382 Fibonacci level and around key price action level where we can expect some resistance to the bull. 50.305 area is acted as both support and resistance for the past 08 months. If the bull want to remain in control it has to broke the key price action level. If its happened then the next upside swing target would be around 64.00 is the place where we can see a previous left and right shoulder pattern was formed in the august month. During the initial period of pandemic it has seen a massive sell off due to the lost in market confidence and the investors flew in to safety. From March 13 LITECOIN is in uptrend after this period the bear cannot take control. If the Key price action level was broken then the next upside hurdle would be a .50 Fibonacci retracement level comes around 54.140.If LTCUSD managed to bruise through the shadow area we can expect massive upside or downside rally. But the current market condition is supporting the bullish rally 💌 Leave your valuable comments and suggestions related to this idea in the comment section. Thanks for your time. Good day guys 💝
BITFINEX:LTCUSDLong
by forexorbit